Catholic Social Services gets grant to help struggling homeowners

FALL RIVER — The state Attorney General's Office has awarded Catholic Social Services a HomeCorps Crisis Response Innovation Grant for $98,861.

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Posted Oct. 29, 2012 at 12:01 AM

Posted Oct. 29, 2012 at 12:01 AM

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FALL RIVER — The state Attorney General's Office has awarded Catholic Social Services a HomeCorps Crisis Response Innovation Grant for $98,861.

In announcing the grant, Attorney General Martha Coakley said in a news release that the funding will assist homeowners and renters affected by the foreclosure crisis, revitalize distressed and blighted neighborhoods, and guard against future financial harm.

The funding is the result of a nationwide settlement involving the nation's five largest mortgage servicers and their connection with unlawful foreclosures and loan servicing.

"Our economy will never fully recover until we address the impact of the foreclosure crisis," Coakley said. "These grants are designed to help strengthen struggling communities, provide direct assistance to distressed borrowers and avoid unnecessary foreclosures. The organizations receiving these funds are doing work that is a critical part of those efforts."

The $98,861 awarded to Catholic Social Services will provide for hands-on support to assist more clients through one-on-one foreclosure counseling including loan modifications and mitigation, financial literacy and credit rebuilding, and homeownership education. This grant will service Fall River, New Bedford, Attleboro, Taunton and Hyannis.

For more information contact Carol Hernandez at csrolh@cssdioc.org or 508-674-4681.